Moscow, 27 Mar — “News. Economy.” International IT company are admirable, but also affect their income. However, the last few years have been difficult for companies.
Experts note that the impact of these companies getting too big, and it affects virtually all spheres of human life. That is why politicians and experts thought that the EU should impose certain restrictions for IT companies USA.
Thus, in particular, in November last year the Minister of Finance of France, Bruno Le Mayor stated that the Union “must confront the administration of the tramp” and make so-called “digital tax”, under which would fall of a large American company.
“Let me make myself clear enough: I can’t afford to let Google, Amazon or Facebook paid less tax than small businesses than the butcher shop or bookstore, where I buy goods.
If Europe is any government who want to explain to their citizens that they are willing to let Google, Facebook and Apple to pay less tax than a small business — I can only wish them luck in the next elections, ” — said the politician.
The authorities are determined to limit the influence of the IT companies. Below we will discuss 5 ways to do it. Taxes
Imposition of taxes on digital services, which are provided to it companies, this is the most obvious way in which have already used or plan to use European countries.
So, at the beginning of this year, the Council of Ministers of Spain approved the introduction of a tax on digital services companies.
As previously wrote News. The economy, the tax rate will be 3%. This tax will be required to pay the company with a net turnover of more than € 750 million per year and whose income from digital services in Spain exceed 3 million euros.
The estimated size of tax revenues in the budget of Spain is estimated at 1.2 billion euros per year.
The new tax will apply to the activities of companies in 3 main areas: services provision of online advertising; online mediation; selling data generated from the information left by users in digital interfaces.
About similar plans late last year, said the UK authorities.
Finance Minister Philip Hammond said that social networks, search engines, marketplaces and other technology companies with a turnover of 500 million British pounds from April 2020 will be taxed 2% of their income in the UK.
In a statement, Hammond notes that “a turnover of more than 500 million pounds” refers to the global revenues of IT companies.
“A tax on digital services will pay only those companies that are profitable and which get at least 500 million pounds of global income. This tax will come into force in April 2020 and is expected to bring more than 400 million pounds per year.” Fines
Tehgigat Google, Apple and Facebook have already dealt with the fines that are imposed to the EU.
So, in 2018, Google was fined a record amount of €4.3 billion ($5 billion) for violating antitrust laws. The European Commission is confident that the company used “anticompetitive practices” associated with Android operating system.
In 2017, the European Commission also imposed a fine of 2.42 billion euros to Google for violation of antitrust laws.
Such a large amount of the fine is due, according to Brussels, the dominant position of Google in the market, which the company used to advertise their own services net sales at the expense of other online retailers that possesses similar or at least comparable features.
Informed News. Economy wrote about the largest fines, which were imposed by the EU in respect of the it companies. Legal restrictions
Facebook, Google, Amazon and Apple were declared monopolies that have become too big for society’s wellbeing as outlined in the report is 150 pages, published by the British government on 14 March this year.
In particular, in the country there are debates about what kind of company you want to limit by law.
In a report Harvard University says that large it companies are not faced with a sufficient level of competition. At the same time, such companies have lobbyists who influence the promotion of relevant legislation.
In particular, one of the legal restrictions was the Russian law on personal data.
According to the amendments to this law, which entered into force in 2015, any Russian or foreign company, focused on work with Russian users, must ensure recording, systematization, accumulation, storage, specification of personal data of Russian citizens using databases located on the territory of the Russian Federation.
The amended law revised the notion of personal data. Now this is not only a name, for example, address and year of birth, and any information relating to natural persons determined by it. The threat of separation
Democratic Senator Elizabeth Warren, who is vying for the presidency of the United States, said that, in case of victory on elections, it will be split into several smaller companies such Internet giants as Amazon, Google (Google) and Facebook.
According to her statement, this will enhance the level of competition in this market. According to Warren, these giants have long and consistently absorb potential competitors: as an example, she cites the absorption of the “Facebook” network Instagram.
Warren stressed that such a policy of large companies hurts small businesses and impedes innovation. Political pressure
Quotes Amazon fell more than 5% after reports in the media about the “obsession” of the US President Donald trump with the idea to increase the tax burden on the company.
The reason for the sharp decline of the shares of the largest company in the segment of Internet trading was the publication in the publication Axious in which, with reference to anonymous sources, allegedly close to the Trump, it was stated the negative attitude of the American President Amazon.
The article provides the opinion of the trump, as well as the Vice President of the US Penny, which they expressed in personal conversations about the dominant position of Amazon in the e-Commerce industry.
As previously wrote News. The economy, trump has declared that wants to change to change the current tax break for Amazon in the US.
According Axious, “trump wondered about how to nail the Amazon with antitrust legislation.” In the administration of the American President, according to sources, is concerned that the increased presence of Amazon leads to bankruptcy of many other smaller companies.
As noted, the “rich friends trump tell him that Amazon is destroying their business, kills shopping centers and small company.” In addition, trump “takes into account that the founder and head of Amazon’s John Bezos owns the Washington Post newspaper, regarding it as a political weapon Bezos”.
In trouble got another tekhgigant company Facebook.
The U.S. attorney’s office initiated a criminal investigation in connection with reports about the sale of the company Facebook Inc user data to other companies.
Facebook agreement with major technology companies including Amazon, Apple, Microsoft and Sony, became a pretext for criminal investigation, reported the New York Times and the Financial Times, citing sources.
US authorities suspected the social network that she passed information about their users.
As previously wrote News. Economy, by a jury of new York have already sent requests to two companies that may have access to personal data of users of Facebook.
The agreement with the social network gave companies the opportunity to “see the friends of the user, contact information, and other data, sometimes without consent.” It is noted that in the last two years, Facebook tore up the majority of such agreements.
The case was a continuation of the scandal Cambridge Analytica, which collected personal data of users of Facebook for political purposes, notes the FT. It is assumed that these data could be used during the election campaign in the United States in 2016 and a referendum on British exit from the EU (Brexit).
December 14, 2018 the company Facebook announced a possible leak of photos of 6.8 million users, which had previously been hidden by privacy settings or unpublished.
As of November 2, 2018 data 257 thousand users of the social network was posted in free access on the Internet, including personal messages more than 80 thousand users.
In April and may last year, the founder and head of Facebook mark Zuckerberg in the U.S. Congress and the European Parliament admitted a mistake and apologized for the data breach.
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